NETSOL extends 29-year alliance with global auto giant
MG News | December 17, 2025 at 04:39 PM GMT+05:00
December 17, 2025 (MLN): NETSOL Technologies Limited
(PSX: NETSOL) has signed a contract extension worth approximately $50 million
with a tier-one global auto captive.
The deal further strengthens a partnership between the two
sides that dates back nearly three decades.
In a notice issued to the Pakistan Stock Exchange, the
company said the agreement extends the customer’s use of its flagship Transcend
Finance platform for a further four years, covering maintenance and licensing
services.
The customer, described as a long-standing global auto
captive, has been working with NETSOL since 1996.
The latest extension builds on a previously announced
multi-country contract exceeding $100 million, signed in 2015, under which
NETSOL successfully deployed its platform across 12 international markets.
With the renewed agreement, the customer will continue to
leverage Transcend Finance’s end-to-end lease and loan lifecycle management
capabilities.
The contract extension indicates NETSOL’s strong foothold in
the global automotive finance software market.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 165,823.88 448.99M | -1.54% -2588.35 |
| ALLSHR | 99,160.90 1,085.27M | -1.67% -1680.26 |
| KSE30 | 50,101.96 142.26M | -1.74% -888.53 |
| KMI30 | 238,681.37 216.35M | -1.30% -3152.79 |
| KMIALLSHR | 64,435.58 615.36M | -1.35% -884.80 |
| BKTi | 46,165.92 56.22M | -2.48% -1174.89 |
| OGTi | 34,125.34 9.28M | -2.33% -814.62 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 77,500.00 | 78,325.00 76,485.00 | 840.00 1.10% |
| BRENT CRUDE | 115.32 | 115.64 110.26 | 4.06 3.65% |
| RICHARDS BAY COAL MONTHLY | 109.00 | 109.00 109.00 | 0.25 0.23% |
| ROTTERDAM COAL MONTHLY | 107.45 | 107.45 105.00 | 2.80 2.68% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 103.80 | 104.37 98.42 | 3.87 3.87% |
| SUGAR #11 WORLD | 14.39 | 14.43 14.25 | 0.16 1.12% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Monetary Aggregates (M3) - Monthly Profile